#LONG: Multi-year Breakout in KIRLOSKAR BROS.
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The scrip was trading below multi-year resistance trend line since 2011.It gave a breakout from the trend line in the month of May'23, forming a large bullish candle on monthly time frame rising 34.6% in May'23 itself. In last 3 months(including the ongoing month) it has risen by approx 57%. The Stock rose nearly 2.14% today hitting an ATH of 654.70, which is also a 10-Year High.
Stop Loss: 600 (daily closing basis)
Potential: 45 to 76%
Time period: 3-6 months(Expected)
Stop Loss: 600 (daily closing basis)
Potential: 45 to 76%
Time period: 3-6 months(Expected)
Nota
Target 1 achieved on 14th Aug '23Nota
ready to achieve target 2Nota
Target 2 achieved on 19th Oct' 23!!Dagangan ditutup: sasaran tercapai
1000 points plus return per share!!!!!!Nota
Who knew that the stock will be a multi-bagger??
Penafian
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